AUDUSD Daily Analysis – March 29, 2017

AUDUSD broke above 0.7648 resistance, indicating that the downward movement from 0.7749 had completed at 0.7587 already. Further rise could be expected in a couple of days and next target would be at 0.7700 area. Support level is at 0.7587, only break below this level could trigger another fall towards 0.7500.

AUDUSD chart